Question

If the income in 1998 was Rs. 264 crores, what was the expenditure in 1998?

• A. Rs. 104 crores
• B. Rs. 145 crores
• C. Rs. 160 crores
• D. Rs. 185 crores

Answer 1

The correct option is C Rs. 160 crores

Let the expenditure is 1998 be Rs. x crores.
Then, $65=\frac{264-x}{x}\times 100$
$\Rightarrow \frac{65}{100}=\frac{264}{x}-1$
$\Rightarrow x=\frac{264\times 100}{165}=160$
$\therefore$ Expenditure in 1998 = Rs. 160 crores.